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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (45359)7/13/2013 9:55:53 AM
From: Paul Senior  Read Replies (3) of 78701
 
NOBGF: Barron's out with an article on Asian supply-chain managers.
The stocks of Singapore-based players like Noble Group (ticker: NOBL.Singapore),Wilmar International (WIL.Singapore), and Olam Intermational(Olam.Singapore), the region's equivalent of global giants Bunge (BG) or Glencore Xtrata (GLEN.U.K.), have fallen below book value and are starting to look very attractive, says Abhijit Attavar of Jefferies in Singapore. All are expected to report double-digit gains in earnings over the next three years.
Otoh, also stated therein: "All three major supply-chain outfits have been getting downgrades from analysts for months now."

Back otoh, "Attavar, who describes the trio as "unloved and oversold," likes Noble. He sees it eventually hitting S$1.35—up nearly 50%."

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"Eventually" could be a long time. I've been holding all my NOBGF shares (a losing position) since '08.
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